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Why Live in Downtown Chico

Downtown Chico is the vibrant core of this northern California community, offering a mix of residential and commercial spaces. The neighborhood features older Craftsman homes, though some new builds are available, reflecting the area’s enduring popularity. Residents enjoy a friendly atmosphere, with neighbors often greeting each other. Restaurants are close to home, with local favorites like Grana, Madison Bear Garden, Momona and Sicilian Cafe providing a diverse culinary scene. Nearby stores include unique local businesses, such as The Peddler's Closet and Urban Couture, alongside essential stops like Safeway. The area hosts numerous events, including the Thursday Night Market, art walks and holiday celebrations like Treat Street and the Community Christmas Tree Lighting. City Plaza is a central gathering spot, featuring a water feature and summer concerts and markets. Nearby parks like Ringel Park and Lost Park offer playgrounds and green spaces for relaxation. Schools in the area include the highly rated Chico Junior High School and Chico High School, which has been recognized as a California Distinguished School and a National Blue Ribbon of Excellence School. The neighborhood is highly walkable, with sidewalks connecting homes to various amenities. For those driving, State Routes 32 and 99 offer convenient access to Sacramento, 90 miles south.

Downtown Chico Home Prices vs. Nearby Chico, CA Neighborhoods

Downtown Chico Barber Yard Chapman South Campus
Median Home Price
$325,000
$382,500
$300,000
$359,250
Median Sale Price
$325,000
-14% YoY
$335,000
-6% YoY
$317,600
+2% YoY
$315,000
+1% YoY
Median Single Family Price
$325,000
$335,000
$317,600
$315,000
Total Active Listings
0
1
0
3
Market Conditions
0 Months of Supply
Seller's Market
1 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
7 Months of Supply
Buyer's Market

Frequently Asked Questions

Is Downtown Chico a good place to live?
Downtown Chico is a good place to live. Downtown Chico is considered somewhat walkable and very bikeable with some transit options. Downtown Chico has 6 parks for recreational activities. It is fairly sparse in population with 4.0 people per acre and a median age of 29. The average household income is $82,432 which is below the national average. College graduates make up 57.4% of residents. A majority of residents in Downtown Chico are renters, with 87% of residents renting and 13% of residents owning their home. A local real estate agent serving Downtown Chico can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Chico neighborhood guide.
Is Downtown Chico, CA a safe neighborhood?
Downtown Chico, CA is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Downtown Chico?
The median home price in Downtown Chico is $325,000. If you put a 20% down payment of $65,000 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $1,660 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $71K a year to afford the median home price in Downtown Chico. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Chico is $82K.
What are the best public schools in Downtown Chico?
The best public schools that serve Downtown Chico are:
What are the best private schools in Downtown Chico?
The best private schools that serve Downtown Chico are:
What are the most popular zip codes in Downtown Chico, Chico, CA?
The most popular zip codes in Downtown Chico, Chico, CA include 95928, 95926, 95973, 95938 and 95951.
What are the most popular neighborhoods near Downtown Chico, Chico, CA?
The most popular neighborhoods near Downtown Chico, Chico, CA are East Streets, Barber Yard, Mulberry, South Campus and Chico Vecino.
Are home prices dropping in Downtown Chico?
Yes, home prices in Downtown Chico are down 20% in the last 12 months.
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